Sign in

Please complete all fields in the form to login.
Username and password fields are case sensitive

If you have forgotten your username or password please use
the forgotten your username/password link below.

Remember me, by ticking the box you
are confirming you are happy for your details to be remembered
and used the next time you use this computer to visit
eFinancialNews.com. By doing this, you'll be able to access
restricted content without logging in each time you
visit the site.

Ryanair tables $970m offer for Irish rival

Ryanair, Europe's biggest low-cost airline, on Monday tabled a €750m ($970m) takeover bid for Aer Lingus, representing a 50% discount to its previous offer for its Irish rival made two years ago which was blocked by the European Union.

Ryanair, which already controls 29.8% of Aer Lingus, is offering €1.40 per share, which represents a 28% premium to the closing price of Aer Lingus shares for the 30 days to Friday.